3639 Arbor Trails Drive
About This Property
ALL the bedrooms have NEWLY INSTALLED PLUSH carpet. The interior of the home has fresh new paint. NEW HVAC DUCTING AND FURNACE along with new supply vents. The backyard is spacious with a covered patio area. Easy access to I45, The Hardy Toll Road, Highway 99 and Beltway 8 for an easy commute. Located near lots of shopping, dining and entertaining. The Mercer Botanic Gardens are a short distance away.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Listed by Compass RE Texas, LLC - Houston | $249,900 | |
| Listed by Compass RE Texas, LLC - Houston | |||
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This charming home has been TASTEFULLY UPDATED AND BOASTS 3 bedrooms and 2 full bathrooms. The family room opens up to the GOURMET kitchen/dining area, which is well equipped with NEW stainless steel appliances.
ALL the bedrooms have NEWLY INSTALLED PLUSH carpet. The interior of the home has fresh new paint. NEW HVAC DUCTING AND FURNACE along with new supply vents. The backyard is spacious with a covered patio area. Easy access to I45, The Hardy Toll Road, Highway 99 and Beltway 8 for an easy commute. Located near lots of shopping, dining and entertaining. The Mercer Botanic Gardens are a short distance away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017